Lockheed Martin Receives FAA Certification for Commercial Pilot Training; Company Provides Pilot Training On A320 and B-737 Aircraft Simulators.

Business Editors

ORLANDO, Fla.--(BUSINESS WIRE)--March 7, 2001

Lockheed Martin (NYSE:LMT) is now fully certified by the FAA to provide pilot training on its A320 and B-737 aircraft simulators at the Lockheed Martin Information Systems' Commercial Flight Training Center in Orlando.

Airline pilot-candidates arriving for initial training and veteran pilots fulfilling periodic re-certification requirements will undergo training in the center's full-flight simulators. Lockheed Martin's A320 and B-737 Electronic Flight Instrument System (EFIS) training simulators have received the Federal Aviation Administration's Level C certification. Level C training allows pilots to qualify for actual flight duty after completing simulator flight training. A B-737 Next Generation full-motion simulator is to be installed in the third quarter of 2001.

"Lockheed Martin's more than 20 years of providing military pilot training is a solid foundation on which to expand our service to new commercial customers," said Lockheed Martin Information Systems President John Hallal. "Lockheed Martin has a tradition of fulfilling the customized needs of both military and civilian customers around the world. The Orlando location provides a wide range of support accommodations for flight crew training, with direct flight service from most airports."

Lockheed Martin's Commercial Flight Training Center is a 50,000 square-foot facility currently operating two full-motion flight simulators with plans to bring a third simulator online by October 2001. Expansion space will accommodate a total of seven simulators.

Along with full-motion training simulators, the Commercial Flight Training Center has a full range of support services, factory-trained simulator technicians, a professional training staff and 15 classrooms equipped with sophisticated computer-based flight training materials.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation's core businesses are systems integration, space, aeronautics, and technology services.

For additional information, visit our website: www.lockheedmartin.com/lmis